Sony's Stock Plummets 4.57% Following "Fairgame$" Shutdown Amid Live-Service Struggles
Mover TrackerFriday, Sep 6, 2024 6:33 pm ET
2min readSony's (SONY) stock dropped 4.57%, marking a continuous decline of 7.70% over the past four days.
Following the announcement that "Fairgame$" would be taken offline on September 6, the game, which had consumed a significant amount of Sony’s resources, concluded in failure. The official stance is that adjustments will be made for a potential relaunch, though the industry remains skeptical.
Gamesindustry.biz critically analyzed the failure of "Fairgame$", questioning Sony’s capability to create live-service games effectively. The review pointed out that decisions leading to the game's lackluster performance amidst fierce competition had been made even before the acquisition of the development studio.
Sony has long eyed a share of the live-service game market, exemplified by acquisitions like Bungie and Firewalk, the latter responsible for "Fairgame$". Though there have been successes such as the explosive launch of "Helldivers 2", the overall transition has been tumultuous. Bungie has faced continuous crises post-acquisition, including layoffs and project cancellations.
The failure of "Fairgame$" highlights Sony's inexperience in this sector despite its attempts to learn from acquired studios. While it's noted that Sony's leadership is open to feedback, this misstep shows that their efforts have not yet mitigated poor decision-making.
Sony’s venture into an unfamiliar domain has been challenging, with minimal returns from recruiting talent and a growing sense of decline in this genre. Despite this setback in live-service games, Sony's vast resources ensure that failure in this area doesn't spell doom. Their recent success with single-player games like "Astro Bot" might bring renewed focus, yet there's concern over uninspired strategic pivots.
"Fairgame$", developed by Firewalk Studios, saw mediocre sales of around 25,000 copies and an average Metracritic score of 62. Despite promises of future content and microtransactions, player numbers dwindled significantly. Firewalk's unexpected decision to take the game offline and issue refunds has disrupted the game's roadmap, adding to the uncertain future.
Game Director Ryan Ellis acknowledged the game's mixed reception and pledged to explore new possibilities post-sunset. However, given the high-profile failures in the industry, like "Cyberpunk 2077" and "Anthem", the swift two-week shutdown and refund policy for "Fairgame$" marks one of Sony's major recent failures.
There is no clear timeline for the game's return, if at all. Potential measures include redesigning the game or shuttering the project entirely to cut losses. Sony's unwillingness to invest further in server maintenance for its small player base indicates a calculated retreat.
Sony's ambitious plan announced two years ago to release ten live-service games by March 2026, initially accelerated by the Bungie acquisition, now faces skepticism due to diminishing success stories. Issues like high pricing, uninspired character design, and lack of compelling gameplay are significant challenges.
Ultimately, the industry hopes for a revival in direction for "Fairgame$", yet the likelihood remains slim. Sony might shift focus back to single-player and high-production projects to continue its market leadership. The fate of Firewalk Studios remains in question, especially with recent layoffs.
On September 6, Sony Semiconductor Solutions announced the industry's first stacked SPAD depth sensor for automotive LiDAR applications, aiming to improve detection precision and speed.
Sony recently revealed its new PlayStation 30th anniversary logo, noted by observant fans to resemble PS5 Pro designs, hinting at upcoming hardware upgrades. While reports suggest a September 9 release, gamers eagerly anticipate more affordable 4K gaming options.
As gamers express fatigue over the current PS5’s capabilities, the anticipated PS5 Pro promises significant performance boosts with potential launches aligning with major shopping seasons, possibly positioning it well against competitors like Microsoft's next-gen consoles.
Following the announcement that "Fairgame$" would be taken offline on September 6, the game, which had consumed a significant amount of Sony’s resources, concluded in failure. The official stance is that adjustments will be made for a potential relaunch, though the industry remains skeptical.
Gamesindustry.biz critically analyzed the failure of "Fairgame$", questioning Sony’s capability to create live-service games effectively. The review pointed out that decisions leading to the game's lackluster performance amidst fierce competition had been made even before the acquisition of the development studio.
Sony has long eyed a share of the live-service game market, exemplified by acquisitions like Bungie and Firewalk, the latter responsible for "Fairgame$". Though there have been successes such as the explosive launch of "Helldivers 2", the overall transition has been tumultuous. Bungie has faced continuous crises post-acquisition, including layoffs and project cancellations.
The failure of "Fairgame$" highlights Sony's inexperience in this sector despite its attempts to learn from acquired studios. While it's noted that Sony's leadership is open to feedback, this misstep shows that their efforts have not yet mitigated poor decision-making.
Sony’s venture into an unfamiliar domain has been challenging, with minimal returns from recruiting talent and a growing sense of decline in this genre. Despite this setback in live-service games, Sony's vast resources ensure that failure in this area doesn't spell doom. Their recent success with single-player games like "Astro Bot" might bring renewed focus, yet there's concern over uninspired strategic pivots.
"Fairgame$", developed by Firewalk Studios, saw mediocre sales of around 25,000 copies and an average Metracritic score of 62. Despite promises of future content and microtransactions, player numbers dwindled significantly. Firewalk's unexpected decision to take the game offline and issue refunds has disrupted the game's roadmap, adding to the uncertain future.
Game Director Ryan Ellis acknowledged the game's mixed reception and pledged to explore new possibilities post-sunset. However, given the high-profile failures in the industry, like "Cyberpunk 2077" and "Anthem", the swift two-week shutdown and refund policy for "Fairgame$" marks one of Sony's major recent failures.
There is no clear timeline for the game's return, if at all. Potential measures include redesigning the game or shuttering the project entirely to cut losses. Sony's unwillingness to invest further in server maintenance for its small player base indicates a calculated retreat.
Sony's ambitious plan announced two years ago to release ten live-service games by March 2026, initially accelerated by the Bungie acquisition, now faces skepticism due to diminishing success stories. Issues like high pricing, uninspired character design, and lack of compelling gameplay are significant challenges.
Ultimately, the industry hopes for a revival in direction for "Fairgame$", yet the likelihood remains slim. Sony might shift focus back to single-player and high-production projects to continue its market leadership. The fate of Firewalk Studios remains in question, especially with recent layoffs.
On September 6, Sony Semiconductor Solutions announced the industry's first stacked SPAD depth sensor for automotive LiDAR applications, aiming to improve detection precision and speed.
Sony recently revealed its new PlayStation 30th anniversary logo, noted by observant fans to resemble PS5 Pro designs, hinting at upcoming hardware upgrades. While reports suggest a September 9 release, gamers eagerly anticipate more affordable 4K gaming options.
As gamers express fatigue over the current PS5’s capabilities, the anticipated PS5 Pro promises significant performance boosts with potential launches aligning with major shopping seasons, possibly positioning it well against competitors like Microsoft's next-gen consoles.
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